With growing automation & time-efficiency requirements, there is a radical shift from hand tools towards power tools in India. Over the past few years, power tools have gained acceptance across all major verticals including construction, industrial, and automotive. Further, to fulfill the continuously growing demand for power tools in the country, manufacturers are coming up with innovative products which offer application-specific power tools as per end user requirements.

According to it, India Power Tools Market is projected to grow at a CAGR of over 8.4% during 2018-24. Electric power tools segment bagged the highest revenue share in 2017. The segment is anticipated to continue its dominance over the coming years on the back of higher performance, cost efficiency, and ease of use. Further, in terms of tool types, concrete segment contributed majority of the revenue share in 2017, followed by metal and wood working segments.

Moreover, the Southern region contributed largest revenue share towards the overall India power tools market in 2017, attributed to the presence of robust industrial sector in the region. In addition, during the forecast period, the Western region is projected to exhibit highest growth rate on account of flourishing construction and industrial segments in the region.

The report thoroughly covers India Power Tools market by technology, tool types, verticals, and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas and market drivers which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Historical data of Global Power Tools Market for the Period 2014-2017 • Market Size & Forecast data of Global Power Tools Market until 2024 • Historical and Forecast data of India Power Tools Market Revenues for the Period 2014-2024 • Historical data of India Power Tools Market, By Technology for the Period 2014-2017 • Market Size & Forecast data of India Power Tools Market, By Technology until 2024 • Historical data of India Power Tools Market, By Tool Types for the Period 2014-2017 • Market Size & Forecast data of India Power Tools Market, By Tool Types until 2024 • Historical data of India Power Tools Market, By Verticals for the Period 2014-2017 • Market Size & Forecast data of India Power Tools Market, By Verticals until 2024 • Historical and Forecast data of India Power Tools Market, By Regions for the Period 2014-2024 • Market Drivers and Restraints • Market Trends and Opportunities • Industry Life Cycle and Value Chain Analysis • Porters Five Forces Analysis • Players Revenue Share • Competitive Benchmarking, and Company Profiles • Recommendations

Markets Covered:

The report provides detailed analysis of the following market segments: